RumbleOn, Inc. Announces Pricing of Public Offering of its Class B Common Stock and Private Placement of $7.5 Million Convertible Notes

DALLAS--(BUSINESS WIRE)--RumbleOn, Inc. (NASDAQ: RMBL) (the “Company”), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, today announced the pricing of its previously announced underwritten public offering. The Company is offering 18,000,000 shares of its Class B Common Stock, par value $0.001 per share, at a price to the public of $0.57 per share. In connection with the offering, the Company has also granted the underwriters a 30-day option to purchase up to an additional 2,700,000 shares of Class B Common Stock offered in the public offering to cover over-allotments, if any.